A share price of Verve Therapeutics Inc [VERV] is currently trading at $5.90, up 2.79%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VERV shares have gain 9.06% over the last week, with a monthly amount glided 28.26%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Verve Therapeutics Inc [NASDAQ: VERV] stock has seen the most recent analyst activity on April 08, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $15. Previously, Canaccord Genuity started tracking the stock with Buy rating on April 13, 2023, and set its price target to $29. On February 01, 2023, Cantor Fitzgerald initiated with a Neutral rating and assigned a price target of $21 on the stock. Goldman started tracking the stock assigning a Sell rating and suggested a price target of $13 on December 15, 2022. Credit Suisse initiated its recommendation with a Neutral and recommended $48 as its price target on October 06, 2022. Stifel upgraded its rating to Buy for this stock on August 25, 2022, and upped its price target to $56. In a note dated June 17, 2022, BMO Capital Markets initiated an Outperform rating and provided a target price of $48 on this stock.
Verve Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $4.30 and $19.34. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Verve Therapeutics Inc [NASDAQ: VERV] shares were valued at $5.90 at the most recent close of the market. An investor can expect a potential return of 137.29% based on the average VERV price forecast.
Analyzing the VERV fundamentals
Trailing Twelve Months sales for Verve Therapeutics Inc [NASDAQ:VERV] were 24.40M which represents 120.24% growth. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at -9.29%, Pretax Profit Margin comes in at -8.06%, and Net Profit Margin reading is -8.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.3, Equity is -0.35 and Total Capital is -0.36. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.68 points at the first support level, and at 5.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.06, and for the 2nd resistance point, it is at 6.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Verve Therapeutics Inc [NASDAQ:VERV] is 13.05. As well, the Quick Ratio is 13.05, while the Cash Ratio is 3.72. Considering the valuation of this stock, the price to sales ratio is 22.77, the price to book ratio is 0.98.
Transactions by insiders
Recent insider trading involved Dorval Allison, Chief Financial Officer, that happened on Dec 02 ’24 when 555.0 shares were sold., Ashe Andrew D. completed a deal on May 14 ’24 to buy 76000.0 shares. Meanwhile, Chief Administrative Officer Nickerson Joan sold 1514.0 shares on Apr 02 ’24.
